Shutterstock Becomes Official Photography Supplier For Tottenham Hotspur Matches
Portfolio Pulse from Nabaparna Bhattacharya
Shutterstock, Inc. (NYSE:SSTK) has become the official photography supplier for Premier League football club Tottenham Hotspur. The company will capture all the action on the field and its photography will be featured at Tottenham Hotspur Stadium. This partnership is part of Shutterstock's strategic vision to grow its domestic and international sports business.
July 13, 2023 | 12:51 pm
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POSITIVE IMPACT
Shutterstock's partnership with Tottenham Hotspur as the official photography supplier could boost its visibility and potentially increase its revenues, contributing to a positive short-term impact on its stock.
The partnership with Tottenham Hotspur, a high-profile football club, increases Shutterstock's visibility and potentially its customer base. This could lead to increased revenues and a positive impact on its stock price in the short term. The news of the partnership has already led to a 2.7% increase in Shutterstock's premarket stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100